BISHKEK (TCA) — According to an assessment by EBRD economists, Russia’s sanctions against Turkey may reduce Turkey’s GDP growth in 2016 by around 0.3-0.7 percentage points, if they persist over the next year and are fully applied, with most of the impact related to tourism and occurring around the mid-year. The impact on...

Jose Mourinho’s Chelsea turned from domestic whipping boys back to European stalwarts on Wednesday, beating his former club Porto 2-0 to top Champions League Group G. A 12th-minute own goal which rebounded off Ivan Marcano under pressure from Diego Costa and a well-worked second-half strike from Brazilian Willian ensured victory for the...

KIEV (AFP) – A goal by midfielder Denis Garmash put Ukraines reigning champions Dynamo Kiev into the Champions League last 16 with a 1-0 home win over Maccabi Tel-Aviv here on Wednesday.The narrow win behind closed doors lifted the capital club up into second, two points behind the English side Chelsea, who won Group G after beating Porto...

Chelsea’s Willian (left), celebrates scoring a goal during the Champions League group G soccer match between Chelsea and FC Porto at Stamford Bridge stadium in London, Wednesday. (AP/Frank Augstein)Arsenal left its best performance for the last game of the Champions League group stage, advancing to the round of 16 with a remarkable 3-0...

Time magazine Wednesday, December 9, named German Chancellor Angela Merkel as its “Person of the Year 2015,” hailing her leadership during Europe’s debt, refugee and migrant crises, as well as Russia’s intervention in Ukraine. The magazine said the German chancellor had “stepped in” every time a serious crisis...

PARIS (AFP) – Olivier Giroud was Arsenals hero as the Gunners and Chelsea succeeded on Wednesday where Manchester United failed a day earlier to advance to the draw for the last 16 of the Champions League.The London clubs celebrated on the final night of group stage action as Roma, Dynamo Kiev and the Belgian underdogs Gent also secured...

TIME magazine has named German Chancellor Angela Merkel its 2015 “Person of the Year”, noting her leadership during the Syrian refugee crisis, the Greek bail-out deal, currency turmoil in the European Union, and Russia’s intervention in Ukraine. The magazine said Merkel “stepped in” every time Europ…...

German Chancellor Angela Merkel has been named Time’s Person of the Year, praised Wednesday by the magazine for her leadership on everything from Syrian refugees to the Greek debt crisis. Time also cited Merkel’s strong response to “Vladimir Putin’s creeping theft of Ukraine” and on its cover called her...